TC&MN #2 Unlock the Secrets of Tech IPOs and Tis' the Season for a Detox

Is There a Thaw Coming to the Tech IPO Market?

The IPO (Initial Public Offering) market has frozen for the last few years.

However, in the third quarter of 2023, there were signs of a thaw in the technology sector. A few companies waiting for the window to open took a chance. Could this be the start of more?

Here are a couple high-profile companies that have launched with solid success.

Instacart (CART), the delivery platform that many of us use every week IPOed on September 9th, raising $660 Million at a valuation of $10 Billion. Instacart’s IPO was one of the largest of the year and is seen as a sign that the tech market is starting to heat up again.

Arm Holdings (ARM) , a semiconductor company that makes chips for many of the world’s smartphones, followed Instacart and IPOed on September 14th, 2023, raising $4.87 Billion from the IPO, making it one of the largest IPOs of the year.

With these results in hand other companies are lining up to go later this year or early next.

Who is on the list? Here is what we know now.

• Stripe reportedly planning to file its S-1 in late2023 or early 2024. It is valued around $50 Billion

• Databricks also reportedly planning to file its S-1 in late 2023 or early 2024. It is valued at around $38 Billion

• Discord confidentially filed its S-1 in October of 2023. The company is valued at around $15 billion and expected to go public in early 2024

• ThoughtSpot confidentially filed its S-1 in October 2023 also. It is expected to go public in early 2024.

What Does This Mean for You?

As a technology employee who works for equity, you want to understand how the market thinks about tech because it will directly or indirectly impact you.

The market moves in a pack. If a sector is deemed as favored in the market or not, can impact your company or holdings. You need to be aware.

Understanding how the tech sector moves is an important way to build your wealth.

Here are three questions to ask yourself when you see the tech sector warming up:

1.) Will I have an exit? - Be aware of when your company may be acquired or IPO. The exit will be a revenue-generating event; you need to be aware of it as you want to be prepared. There will be tax implications and opportunities to sell.

2.) Should I sell? - If you are holding some stock and the market heats up it could be a good time to take some dollars off the table and diversify. Diversification is the foundation to a great portfolio.

3.) Can I work for one of these companies? - While not the same upside of an early-stage employee, if you can get into a role at a company that is ready for an IPO, you can participate in some upside.

Keep your eye on the market and if there is anything we are not seeing, hit reply and let us know.

Tech Equity and Money Talk is a weekly podcast showing you how to work for tech equity as a wealth-building strategy and meet your financial goals.

/029 🎙️ Building and Investing Thesis: Strategies for Successful Seed Investments

An investing thesis is the backbone of every successful venture capital portfolio. It provides clarity and enables investors to make informed and well-aligned decisions.

With an investment thesis in place, you can outline your investment goals, values, and strategies, laying the foundation for long-term success.

End of the Year Financial DeTox: Declutter Your Finances for a Fresh Start

As the year draws to a close, many of us focus on decluttering and organizing our physical spaces.

But what about our financial lives? Like our closets and kitchens, our finances can accumulate clutter and chaos over time. And just like a good spring cleaning, an end-of-year financial detox can help us get back on track and set ourselves up for a financially prosperous new year.

Five-Step Financial Detox

1. Gather your financial documents

The first step to any financial detox is gathering all your financial documents in one place. This includes bank statements, credit card statements, investment statements, insurance policies, and other paperwork related to your finances. Once you have everything together, you can clearly understand your overall financial situation.

2. Track your spending

Once you have a handle on your financial documents, it's time to start tracking your spending. There are many different ways to do this, but using a budgeting app or spreadsheet is the simplest. Tracking your spending will help you identify areas where you can cut back and save money.

3. Set financial goals

What do you want to achieve with your finances? Do you want to pay off debt, save for a down payment on a house, or retire early? Once you know your goals, you can start planning to achieve them.

4. Create a budget

A budget is a roadmap for your money. It tells you how much money you have coming in and how much you can afford to spend in different categories, such as housing, food, transportation, and debt payments. Creating a budget will help you stick to your financial goals.

5. Review your insurance coverage

Make sure you have the right amount of insurance coverage for your needs. Review your life insurance, health insurance, and car insurance policies to ensure you're not overpaying for coverage you don't need.

Additional Tips for a Financial Detox:

• Automate your savings. Setting up automatic transfers from your checking account to your savings account can help you save money without thinking about it.

• Cut back on unnecessary expenses. Do you really need that cable subscription or that gym membership you never use? Look for ways to cut back on your spending to save more money.

• Negotiate your bills. Many companies are willing to negotiate your bills if you ask. Call your credit card companies, insurance companies, and cable companies and see if you can get a better deal.

• Seek professional help if you need it. If you're feeling overwhelmed by your finances, don't be afraid to seek professional help. A financial advisor can help you create a plan to reach your financial goals.

An end-of-year financial detox can be a great way to get your finances in order and set yourself up for a financially prosperous new year. Following these tips can declutter your finances, reach your financial goals, and achieve financial peace of mind.

Fun With Animal Flow

Life is all about movement and motion.

My friend has a quote “Motion is Lotion”.

For the last 20+ years I have been focused on health and wellness. I want to live long and be engaged. Working in tech in front of computers I need to fight sitting.

Animal Flow has become a go to for me as a way to start my day and also take movement breaks during it.

If you have not been exposed to this before, check out the video below. It provides and overview to this way of movement that is both functional and fun.

Animal Flow provides

• Improved mobility and flexibility

• Strength and power

• Coordination and balance.

Here is a follow along video if you want to try it out:

When you are ready, there are 3 Ways I can Help You:

1.) Get started on your learning - 🎧️ Follow our Podcast

2.) Watch our Videos - 📺️ Subscribe to our Channel

2.) Build a Career or Money Strategy 🧠 Book a 1:1 coaching session

Disclaimer: This newsletter is for informational purposes only and does not constitute financial or career advice. Always consult with qualified professionals before making any decisions based on the information provided.